3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be fairly valued. ###PLOTLYGRAPH### The red lines in this plot …
Read ArticlePredicted price range for Fox Corp Cl B
Our trading algorithm values Fox Corp Cl B (FOX) to be strongly undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | strongly undervalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Strong Buy |
| Current Price | $26.8 |
| 60 Day Prediction | $32.83 |
| 60 Day Pred - Lower Bound | $30.24 |
| 60 Day Pred - Upper Bound | $35.44 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.015 * nr_days_in_the_future + 32.374
Based on this information, our algorithm recommends the trading decision: Strong Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
FOX traded at $26.8 this Tuesday October 18th, loosing $-1.49 or -5.56 percent since last week.
Looking back, over the last month, FOX has been loosing $-3.6 or -13.43 percent.
Over the last year, it has been loosing $-12.84 or -47.91 percent.
Seasonality of Fox Corp Cl B
Using our AI model, we have been analyzing the value change for Fox Corp Cl B depending on the day or month of a year. This can be seen in the following graph:
